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Industry Acronyms

Common abbreviations used in sales, marketing, and data operations. Quick reference for industry terminology to help you navigate B2B communications.

70 acronyms

Sales

14 terms

ACV

Annual Contract Value

The average annual revenue generated from a single customer contract.

Used to measure the value of subscription-based contracts on an annual basis.

AE

Account Executive

A sales professional responsible for closing deals and managing customer relationships.

Typically handles qualified opportunities and drives revenue generation.

ARR

Annual Recurring Revenue

The predictable revenue that a company expects to receive annually from subscriptions.

Key metric for SaaS and subscription-based businesses.

BANT

Budget, Authority, Need, Timeline

A sales qualification framework to determine if a prospect is worth pursuing.

Helps sales teams qualify leads by assessing four key criteria.

BDR

Business Development Representative

Similar to SDR, focuses on generating new business opportunities.

Often focuses on outbound prospecting and initial qualification.

CAC

Customer Acquisition Cost

The total cost of acquiring a new customer, including marketing and sales expenses.

Critical metric for determining the efficiency of sales and marketing efforts.

LTV

Lifetime Value

The total revenue expected from a customer over their entire relationship with a company.

Used to determine how much to invest in customer acquisition and retention.

MQL

Marketing Qualified Lead

A lead deemed more likely to become a customer based on marketing activities.

Indicates leads that are ready to be passed from marketing to sales.

MRR

Monthly Recurring Revenue

The predictable revenue that a company expects to receive every month.

Used to track growth and predict future revenue for subscription businesses.

POC

Proof of Concept

A demonstration to verify that a solution will work for the customer.

Often used in enterprise sales to validate solutions before purchase.

QBR

Quarterly Business Review

A strategic meeting between a vendor and customer to review performance and plan ahead.

Helps maintain customer relationships and identify upsell opportunities.

RFP

Request for Proposal

A business document that announces a project and solicits bids from qualified contractors.

Common in enterprise and government sales processes.

SDR

Sales Development Representative

A sales team member focused on outbound prospecting and lead qualification.

Often the first point of contact in the B2B sales process.

SQL

Sales Qualified Lead

A prospective customer vetted by both marketing and sales teams as ready for direct sales follow-up.

Represents leads that have been qualified and are ready for sales engagement.

Marketing

15 terms

ABM

Account-Based Marketing

A strategic approach targeting specific high-value accounts with personalized campaigns.

Common in B2B marketing for enterprise accounts.

CMS

Content Management System

Software that helps users create, manage, and modify content on websites.

Examples include WordPress, Drupal, and HubSpot CMS.

CPA

Cost Per Acquisition

The aggregate cost to acquire one customer through a specific channel or campaign.

Helps evaluate the effectiveness of different marketing channels.

CPC

Cost Per Click

The price paid for each click in a pay-per-click advertising campaign.

Used to measure the cost-effectiveness of online advertising campaigns.

CPM

Cost Per Mille (Thousand)

The cost of 1,000 advertisement impressions.

Common pricing model for display advertising and brand awareness campaigns.

CRO

Conversion Rate Optimization

The systematic process of increasing the percentage of website visitors who take desired actions.

Focuses on improving website elements to increase conversions.

CTR

Click-Through Rate

The percentage of people who click on a specific link out of total viewers.

Measures the effectiveness of online advertising and email campaigns.

ESP

Email Service Provider

A company that offers email marketing or bulk email services.

Platforms like Mailchimp, SendGrid, and Constant Contact.

GTM

Go-To-Market

The strategy for bringing a product to market and reaching target customers.

Encompasses sales, marketing, and product strategies.

PPC

Pay-Per-Click

An advertising model where advertisers pay each time a user clicks on their ad.

Common in search engine and social media advertising.

ROAS

Return on Ad Spend

Revenue generated for every dollar spent on advertising.

Key metric for evaluating advertising campaign profitability.

SEM

Search Engine Marketing

Marketing through paid advertisements appearing on search engine results pages.

Encompasses both SEO and paid search advertising strategies.

SEO

Search Engine Optimization

The practice of optimizing websites to rank higher in search engine results.

Essential for organic traffic generation and online visibility.

SERP

Search Engine Results Page

The page displayed by search engines in response to a user query.

Understanding SERP features is crucial for SEO strategy.

UGC

User-Generated Content

Content created by users rather than brands, such as reviews and social media posts.

Valuable for building trust and authenticity in marketing.

Technical

15 terms

API

Application Programming Interface

A set of protocols and tools for building software applications and enabling system integration.

Allows different software systems to communicate and share data.

CRM

Customer Relationship Management

Technology for managing all company relationships and interactions with customers.

Central database for customer information and interaction history.

CSV

Comma-Separated Values

A file format that stores tabular data in plain text form.

Common format for data import/export between different systems.

ETL

Extract, Transform, Load

The process of copying data from source systems and loading it into a data warehouse.

Essential for data integration and business intelligence.

IDE

Integrated Development Environment

Software application providing comprehensive facilities for software development.

Examples include Visual Studio Code, IntelliJ IDEA.

JSON

JavaScript Object Notation

A lightweight data interchange format that is easy for humans to read and write.

Standard format for API responses and data exchange.

REST

Representational State Transfer

An architectural style for designing networked applications.

Common approach for building web services and APIs.

SaaS

Software as a Service

Software distribution model where applications are hosted by a service provider.

Cloud-based software accessed via subscription.

SDK

Software Development Kit

A collection of software development tools for creating applications.

Provides tools and libraries for developing on specific platforms.

SFTP

Secure File Transfer Protocol

A network protocol for secure file transfer over a secure connection.

Used for secure data exchange between systems.

SQL

Structured Query Language

A programming language designed for managing data in relational databases.

Standard language for database operations and queries.

SSL

Secure Sockets Layer

Security technology for establishing encrypted links between web servers and browsers.

Essential for secure data transmission on the web.

UI

User Interface

The visual elements through which users interact with a product or service.

Encompasses all visual and interactive elements of software.

UX

User Experience

The overall experience of a person using a product, especially in terms of ease of use.

Focuses on optimizing products for effective and enjoyable use.

XML

Extensible Markup Language

A markup language that defines rules for encoding documents.

Used for data storage and transport between systems.

Compliance

12 terms

CAN-SPAM

Controlling the Assault of Non-Solicited Pornography And Marketing

US law establishing requirements for commercial email messages.

Sets rules for commercial email and establishes penalties for violations.

CCPA

California Consumer Privacy Act

California state law that enhances privacy rights and consumer protection.

Gives California residents rights over their personal information.

DPA

Data Processing Agreement

A legally binding document regarding data processing and protection.

Required between data controllers and data processors under GDPR.

GDPR

General Data Protection Regulation

EU regulation on data protection and privacy for individuals within the European Union.

Requires explicit consent for data collection and provides right to data deletion.

HIPAA

Health Insurance Portability and Accountability Act

US law providing data privacy and security for medical information.

Critical for companies handling healthcare data.

MSA

Master Service Agreement

Contract that establishes terms governing future transactions between parties.

Streamlines future agreements between business partners.

NDA

Non-Disclosure Agreement

Legal contract establishing confidential relationships between parties.

Common in business partnerships and vendor relationships.

PCI DSS

Payment Card Industry Data Security Standard

Security standards for organizations handling credit card information.

Required for businesses processing credit card payments.

PII

Personally Identifiable Information

Information that can be used to identify a specific individual.

Must be protected under various privacy laws and regulations.

SLA

Service Level Agreement

Contract defining the level of service expected from a service provider.

Specifies metrics like uptime, responsiveness, and responsibilities.

SOC 2

Service Organization Control 2

Auditing procedure ensuring service providers securely manage data.

Important certification for SaaS and cloud computing companies.

T&C

Terms and Conditions

Legal agreements between a service provider and user.

Defines rules and guidelines for using a service or product.

Analytics

14 terms

AOV

Average Order Value

The average dollar amount spent each time a customer places an order.

Key metric for e-commerce and retail businesses.

ARPU

Average Revenue Per User

The average revenue generated per user or customer.

Common metric in subscription and telecommunications businesses.

CES

Customer Effort Score

Measures how much effort customers must exert to use a product or service.

Lower scores indicate better customer experience.

CLV

Customer Lifetime Value

The total worth of a customer to a business over their entire relationship.

Same as LTV, used to determine customer acquisition investment.

CSAT

Customer Satisfaction Score

A metric measuring customer satisfaction with a product or service.

Typically measured through surveys after customer interactions.

DAU

Daily Active Users

The number of unique users who engage with a product in a day.

Critical metric for apps and online platforms.

GA

Google Analytics

Web analytics service offered by Google to track website traffic.

Industry standard for website analytics and user behavior tracking.

KPI

Key Performance Indicator

A measurable value demonstrating how effectively objectives are being achieved.

Used to evaluate success and guide decision-making.

MAU

Monthly Active Users

The number of unique users who engage with a product in a month.

Used to measure user engagement and product stickiness.

MoM

Month over Month

A comparison of statistics for one month to the previous month.

Used to identify short-term trends and seasonal patterns.

NPS

Net Promoter Score

A metric measuring customer loyalty and likelihood to recommend.

Calculated by subtracting percentage of detractors from promoters.

QoQ

Quarter over Quarter

A comparison of statistics for one quarter to the previous quarter.

Common in financial reporting and business performance analysis.

ROI

Return on Investment

A performance measure used to evaluate the efficiency of an investment.

Calculates the benefit received from an investment relative to its cost.

YoY

Year over Year

A comparison of statistics for one period to the same period the previous year.

Common method for analyzing growth and performance trends.

Most Common Acronyms

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Industry Acronyms | Prime Chase Data